Surging Use of UV Curing Systems in Food and Beverage Sector Improving Food Safety
The burgeoning consumption of packaged foods, on account of the booming population, rising urbanization rate, mounting disposable income of people, and flourishing e-commerce sector will augment the adoption of ultraviolet (UV) curing technologies in the food and beverage sector in the coming years. Since UV curing systems are ideal for use in adhesive, printing, and coating applications without compromising the quality and safety of the food products, they are being increasingly deployed in the packaging of food products and beverages. Additionally, the usage of such systems in the food and beverage sector also facilitates the food and beverage production process. Moreover, the surging adoption of the UV light-emitting diode (LED) technology for manufacturing consumer electronic products, such as tablets, TVs, and mobile phones, will drive the UV curing system market at a CAGR of 8.8% during the forecast period (2019–2024). The market revenue stood at $1.4 billion in 2018 and it...